A B ARCTIC AS: årsregnskap 2022 vs 2021
Grew 44% on revenue, stronger earnings, cash halved-plus
approved 2023-06-19; registry 2023-08-02; journal 2023 692142
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A B ARCTIC AS. Revenue 3.66m NOK → 5.26m NOK (+43.7%). Net result +154.8k NOK → +606.3k NOK. Equity -499.3k NOK → 106.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A B ARCTIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.66m NOK to 5.26m NOK (+43.7% YoY). Calculated
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↑
Operating result improved
Operating result +153.4k NOK → +625.9k NOK (op. margin 4.2% → 11.9%). Calculated
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Net result improved
Net result +154.8k NOK → +606.3k NOK (net margin 4.2% → 11.5%). Calculated
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↑
Equity strengthened
Book equity -499.3k NOK → 106.9k NOK (equity ratio -27.5% → 8.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 697.4k NOK → 157.4k NOK (-77.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 789.9k NOK → 1.54m NOK (22% → 29% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 386.8k NOK → 394.2k NOK (+1.9% YoY). Calculated